Double your return in 5 years

Successful investing is relatively easy but many people and some professionals over-complicate it. I have discovered that most people do not understand or fully appreciate two very important, yet simple principles. Firstly, there are typically two steps to a retirement strategy – most people think there’s only one and this is where they become misguided …

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Come on financial planners. Pick up your game!

There has been an increased amount of press on financial planners recently – particularly ones that work for CBA and Macquarie (click here for an example of the articles). The main criticism relates to the quality of advice (the blame on poor quality is the sales culture of large organisations and lack of training/qualifications). I …

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Fund private school education with ease…

If you start planning now There are many reasons that compel people to begin investing including funding their children’s private education. Private school fees can cost in the range of $10,000 to $30,000 per year (at the moment anyway – they increase each year). There are other costs in addition to fees including computers, uniforms, …

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How to reduce the tax you pay

The below newsletter includes the following articles: 1. 30 June tax planning strategies 2. Did you pay too much tax last year3. Time poor? Pilot our new services for free4. Our lowest rates. 30 June tax planning strategies By Rick Henderson, Principal, ProSolution Tax Advisory It’s hard to believe it’s almost 30 June again and …

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It could take you 5 years or more to get out of a dud property investment. But how do you know if your property is a dud?

Last week a journalist asked me “what percentage of investors I thought owned dud investment properties?” It is an interesting question. My answer was that after over a decade of reviewing hundreds of investor portfolios I would estimate that approximately 60 % to 70% of people have a least one dud (under-performing) property. This fact …

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List it or love it?

If we buy well, our home can often be one of the best investments we make in our lifetime. Any capital growth is tax-free and there are not many things in life that are tax-free. Also, if we experience some good growth in our home’s value, we can borrow against that equity to buy other …

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